Can a shareholder of a corporation form a company with an outside company with out shareholders approval?

This depends on the structure of the corporation as stated in your bylaws as to what powers each individual has. There are certain times where...

You should contact the corporation in writing and give them notice that they must change the agent of service of process immediately. They would...

What are my legal options regarding "friend" who is breaching a verbal/written contract?

As prior counsel noted, you did not mention the amount in question in this dispute. That is important to know whether it belongs in small claims or...

A thorough reading of the actual contract is necessary in order to answer this inquiry in a competent manner. You state that there is no language...

How does an LLC move forward once it can't afford to pay loan payments anymore?

While you can allow some lenders to take possession of the inventory and tell the rest of the lenders theres nothing available to them, this is not...

Sort of a contract question

The best way to protect yourself would be to memorialize the understanding between both parties into a written agreement. Since he is essentially...

Unless you paid for membership in this group or had some type of agreement that controlled your membership in this group, you more likely than not...

Yes. The choice of law and venue clause is proper and entered into by all parties. Therefore, the Korean NDA is enforceable, however, will need to...

Can a stock purchase agreement and a shareholders agreement be one document or do they have to be separate?

I see them being in one document to potentially cause issues if drafted improperly. The fact that there is any risk for potential issues should be...

To answer your first question as to whether they can send you to collections, yes they can send you to collections. The more important question is...